BLAP is one of those stocks that can double in a single day.

Recently the stock went from $0.01 up to $0.27 in a couple of days, almost tripling in price.

And now BLAP is consolidating which could lead to another run to the upside:

BLAP had a huge volume on the recent rally which shows accumulation. Then the stock dropped in lower volume and it’s currently trading near an important support.

In case BLAP resumes its uptrend, it can reach $0.025 fast. That’s a 56% profit compared with today’s price.

As you can see on the chart, BLAP has several spikes, which give us the opportunity to grab fast profits. So, in case you buy stocks around the current levels, you can use $0.025 as a short term target and $0.04 as a long term target.

While there’s always risk in any stock (especially on a penny stock) BLAP offers us some nice opportunities as well. So, if you’re a risk taker, keep an eye on BLAP.

To get more free stock picks, just go to Top Trading Picks and sign up our newsletter… We pick the best stocks, and send them to you by email, 100% free… Sign up now!